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FAC Underwriting Coordinator

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Join our dynamic and engaged multinational team supporting our client facing team. Expand your reinsurance knowledge and provide excellent service. Understand underwriting process, handle submissions, ensure compliance, and coordinate with stakeholders. Maintain record management and suggest process improvements. Monitor portfolio performance and drive changes as needed. Qualifications: 3-5 years experience in Insurance and Reinsurance industry, understanding of underwriting process and policy conditions, strong knowledge of Microsoft Office, effective team player with excellent communication skills.

About The Team

We are a multinational, dynamic and engaged team directly working with and supporting the client facing team, divided into smaller teams according to Asia markets. We act as one team, we strive to expand our reinsurance knowledge, develop professionally and provide excellent service to our internal clients.

Should you be passionate about this position, and you identify yourself with our values: Client centricity, Integrity, Passion to perform, Team spirit and Agility, you could be the right candidate for our team.

Main tasks/activities/responsibilities

  • Understand the overall P&C FAC underwriting business process and provide both technical and operational support for APAC's P&C FAC Underwriters
  • Supporting Pre-underwriting activities, handle submissions by performing risk clearing and compliance related checks (AML, ITC) before setting up the Facultative risk in Swiss Re' s admin system.
  • Assist in Pre-Quote and Post Bind processes with simple renewal costing (e.g.: Roll forward & Empowered Pricing)
  • Ensure proper coordination with FAC P&C Desk underwriters, FAC Hub Bangalore and other team members on business deliverables.
  • Build and maintain good relationships with your stakeholders, continuously seek feedback for individual and team growth
  • Act as a business expert on SR Facultative process tools, maintain the best practice on record management and processes. Participate in UAT's and suggest continuous process improvements

Evaluate and make improvements to Business processes

  • Ensuring e2e process effectiveness by overseeing Business Services processes.
  • Monitor respective portfolio performance including data quality, timeliness and key targets
  • Challenging existing processes and closely collaborate with Business Services enabling team to drive/implement changes as needed
  • Analyzing implemented changes and make further adjustments to workflow, schedules, or other processes

About You/ Qualifications

  • Minimum 3-5 years of experience in Insurance and Reinsurance industry.
  • Good understanding of Facultative Property/ Casualty insurance principles with end-to-end underwriting process flow.
  • Knowledge of P&C lines policy conditions and wording.
  • Understanding on quotation and submission data analysis
  • Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
  • Effective team player with a positive outlook and proven ability to work in globally located team situations, understanding, and demonstrating sensitivity toward cultural differences
  • Excellent listening, written and verbal communication skills in English. Other foreign language will be good to have.
  • Strong customer-focus and service orientation
  • Adaptability to changes in tasks and priorities
  • Flexible to work during APAC time zone
Set alert for similar jobsFAC Underwriting Coordinator role in Bangalore Urban, India
Swiss Re Logo

Company

Swiss Re

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 Years

Category

Data & Analytics

Locations

Bangalore Urban, Karnataka, India

Qualification

Bachelor

Applicants

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